56 Davis Drive, Newmarket, ON L3Y 2M7
Central Newmarket, Newmarket · Near Davis Dr & Yonge St. · View map
About this home
Great Opportunity to Own a Philthy Philly's Fast Food Restaurant In the Heart Of the Newmarket, Ideal Opportunity For A Person Who Wants To Be Own Boss with attractive net profit Established business located in the busy plaza of Central Newmarket. *Philthy Philly* franchise with over 40 stores across Ontario and growing. Great Signage, Exposure, And Traffic Count is limitless as plaza is anchored by No Frills, Baskin Robin, Goodlife Fitness, SDM and many major banners. Fully Equipped Kitchen & Very Easy To Run. Lots Of Potentials To Grow. Monthly Revenue between $65 to 70K, Very low Rent : $5085 (incl. TMI, HST & Water), Utilities : Apx. $1200, Proven Food Cost is 30%, Franchise Royalty $500/Mthly. An attractive net profit after all expense.
The home
- Type
- Sale of business
- Square footage
- 1500 sq ft
- Bathrooms
- 2
- Lot size
- 16.5 x 76 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Davis Dr & Yonge St.
- Neighbourhood
- Central Newmarket
More
- MLS® number
- N14082834
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
56 Davis Drive, Newmarket, ON L3Y 2M7
Central Newmarket, Newmarket · Near Davis Dr & Yonge St.
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Listing history for 56 Davis Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 56 Davis Drive
Answers come straight from this home’s MLS® listing.
How much is 56 Davis Drive listed for, and what would it cost each month?
56 Davis Drive is listed for $549,900. With 20% down ($109,980), the mortgage payment would be roughly $2,218 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,562 a month, all in. That figure is an illustration, not a quote.
Is 56 Davis Drive freehold or a condo, and is there a monthly fee?
56 Davis Drive is a sale of business in Central Newmarket, Newmarket. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 56 Davis Drive have a garage and parking?
Yes. The listing shows the garage as plaza. The listing does not include a parking space.
What style of home is 56 Davis Drive?
56 Davis Drive is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 56 Davis Drive, and what is the lot size?
The lot is listed as 16.5 x 76 ft.
How is 56 Davis Drive heated and cooled?
Heating is gas forced air open. Cooling is yes.
Where is 56 Davis Drive?
56 Davis Drive is in the Central Newmarket community of Newmarket. The nearest main intersection is Davis Dr & Yonge St.. The postal code is L3Y 2M7.
Is 56 Davis Drive still for sale?
Yes. It is an active listing (MLS® N14082834). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 56 Davis Drive asking?
Similar properties for sale nearby right now include 309 - 712 Davis Drive at $499,900, 27 - 1111 Davis Drive at $388,000 and 9 - 38 Parkside Drive at $545,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 56 Davis Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 56 Davis Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Central Newmarket, picked by style, size and price.
Office$499,900309 - 712 Davis Drive, NewmarketGorham-College ManorCourtesy of: COLDWELL BANKER THE REAL ESTATE CENTREView home →
Sale of business$388,00027 - 1111 Davis Drive, NewmarketNewmarket Industrial ParkCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →
Sale of business$545,0009 - 38 Parkside Drive, NewmarketCentral NewmarketCourtesy of: RE/MAX REALTRON REALTY INC.View home →Courtesy of: CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.